FYI: For Don Wordell and his family, a weekend getaway often means piling into their Cirrus SR22 single-engine airplane. “It opens up your world,” says Wordell, who took up flying about a decade ago. The plane’s whole-body parachute, which carries the plane and its passengers, gives the father of two extra peace of mind, though he takes every precaution to make sure he never has to deploy it. “Whether you’re flying on a beautiful day or in a rainstorm, you stick with your objective and follow a checklist to get you there,” says Wordell, 48.
He applies the same philosophy to piloting the $3.1 billion Virtus Ceredex Mid-Cap Value Equity fund (ticker: SAMVX), which he has managed since its 2001 inception. Over that time, the fund has returned an average of 10.8% a year even after factoring in a relatively high 1.38% expense ratio for A shares, which also come with a 5.75% front-end load.
Regards,
Ted
https://www.barrons.com/articles/motorola-humana-energizer-misunderstood-stocks-mutual-fund-51563998831?refsec=fundsM* Snapshot SAMVX:
https://www.morningstar.com/funds/xnas/samvx/quoteLipper Snapshot SAMVX:
https://www.marketwatch.com/investing/fund/samvxSAMVX Is Ranked #14 In The (MCV) Fund Category By U.S. News & World Report:
https://money.usnews.com/funds/mutual-funds/mid-cap-value/virtus-ceredex-mid-cap-value-equity-fund/samvx
